| James Vincent / The Verge: |
Twitter launches API v2, the first complete rebuild of its API since 2012, in a bid to improve relations with third-party developers — Wooing developers with a new API — Twitter is making it easier for businesses, academics, and third-party developers to build on its platform with the launch of its API v2 today.| Tom Warren / The Verge: |
Microsoft is launching its Surface Duo dual-screen Android phone on September 10 for $1,399, with preorders starting today in the US — Microsoft is launching its Surface Duo dual-screen Android phone on September 10th, priced from $1,399. After months of Microsoft executives teasing … | Scott Stein / CNET: |
| Manish Singh / TechCrunch: |
Sources: ByteDance has been in talks with India's Reliance for investment in TikTok's India operations since late last month, after India banned the app in June — Chinese giant ByteDance is engaging with India's Reliance Industries Limited, the parent firm of telecom giant Jio Platforms … | Nathan DiCamillo / CoinDesk: |
Coinbase says it will offer fiat loans to US retail customers, backed by as much as 30% of a customer's bitcoin holdings, in 17 states this fall — Coinbase will allow U.S. retail customers to borrow fiat loans against as much as 30% of their bitcoin holdings in the fall, the San Francisco-based exchange announced Wednesday.| Nancy Scola / Politico: |
Google, Facebook, Twitter, Pinterest, and others partner to scenario-plan for the last three months before US Election Day, including slow election results — Google, Facebook, Twitter and other major social media companies are working together to scenario-plan for the last three months … | Bloomberg: |
Sources: Palantir is planning to go public through a direct listing of its shares in late September — Palantir Technologies Inc. is planning to go public through a direct listing of its shares in late September, according to people familiar with the matter.| Abrar Al-Heeti / CNET: |
Canalys: 31.9M smartphones shipped in the US in Q2, down 5% YoY; Apple shipped 15M iPhones in the US, up 10% YoY, and Samsung shipped 7.4M units, down 1% YoY — Vendors shipped nearly 32 million smartphones in the US in the second quarter, according to a Canalys report.| Lauren Feiner / CNBC: |
Uber CEO Dara Khosrowshahi says it will likely need to shut down for several months in California if it is forced to re-classify drivers as employees — - Uber would likely shut down temporarily for several months if a court does not overturn a recent ruling requiring it to classify its drivers … | Naomi Gleit / About Facebook: |
Facebook launches a Voting Information Center on Facebook and Instagram, a one-stop-shop for information on how to register and vote — In June we announced that we're conducting the largest voting information campaign in American history, with the goal of helping 4 million voters register … | CNBC: |
Blend, which develops a SaaS platform for lenders, raises $75M Series F led by Canapi Ventures at a valuation of ~$1.7B, up more than 70% from a year earlier — - Digital lending start-up Blend raised $75 million in fresh funding at a valuation of almost $1.7 billion, a jump of more than 70% … | Alex Heath / The Information: |
Source: Facebook and Snap recently approached Dubsmash, a lip-syncing video app, about an acquisition, with discussions including a possible nine-figure deal — Facebook and Snap recently held talks to buy Dubsmash, a lip-syncing video app that has surged in popularity alongside a crop of other TikTok competitors.| New York Times: |
Hands-on with Instagram's Reels: confusing, frustrating, impossible to navigate, and lacking TikTok's editing features — TikTok might not be winning over President Trump, but it sure beats its Instagram copycat for making and sharing short videos. — Millions of people have used … | Stephanie Condon / ZDNet: |
Cisco reports Q4 revenue of $12.2B, down 9% YoY, net revenue of $2.6B, up 19% YoY, says more than half its revenue is from software and services; stock down 6%+ — Cisco posted better-than-expected Q4 results, with product sales declining and services revenue flat year-over-year.| Bloomberg: |
Sources: Airbnb reported Q2 revenue of $335M, down from $842M in Q1 and over $1B in Q2 2019, as its adjusted loss rose to $400M, up from $341M in Q1 — - Home share site also records a wider loss in second quarter — A stock listing is back on track with recent travel rebound| Alex Kantrowitz / Big Technology: |
Facebook rolls out an interstitial screen that pops up when users try sharing COVID-19 content, showing the source and date created, adding much-needed friction — With its product decisions, Facebook is admitting the share button can do more harm than good.| Lora Kolodny / CNBC: |
Lyft reports Q2 revenue of $339M, above expectations but down 61% YoY, as active riders drop 60% YoY to 8.7M; revenue per active rider was $39.06, down 2% YoY — - Ride-hailing company Lyft reported results for the period ending June 30, 2020, its first full quarter during the Covid-19 pandemic.| Debby Wu / Bloomberg: |
Foxconn says it plans to split supply chain between the Chinese and US markets as trade ties fracture and declares that China's time as world's factory is over — - Hon Hai planning separate supply lines for the two big markets — Company's earnings outperformed expectations but warns on Q3
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| Kevin Roose / New York Times: |
| Frederic Lardinois / TechCrunch: |
| Terry Nguyen / Vox: |
| Joseph Cox / VICE: |